CHRISTIAN LIFE ACADEMY INC
Balance Sheet
Fiscal Year Start:
Aug 1
Assets in 2024 (Year End)
$914,768
Property, Plant, & Equipment (net)
68%
Cash & Equivalents
32%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$153,625
Notes Payable / Debt (Non-Related)
62%
Deferred Revenue
36%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$288,352
$290,652
+1%
Receivables (Non-Related)
$15,446
$4,087
-74%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,442
$509
-92%
Investments
-
-
-
Property, Plant, & Equipment (net)
$634,186
$618,176
-3%
Other Assets
-
$1,344
-
Total Assets
$944,426
$914,768
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$23,331
$1,776
-92%
Grants Payable
-
-
-
Deferred Revenue
$12,033
$56,055
+366%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$153,592
$95,794
-38%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$188,956
$153,625
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$34,795
$55,360
+59%
Unrestricted Net Assets
$720,675
$705,783
-2%
Net assets
2023
2024
Change
Net assets
+$755,470
+$761,143
+1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)